It is recommended by the Financial Administration and Audit Committee that the Board of Directors adopt Resolution No. ___, Series of 2017 for the adoption of the 2018 Budget, Resolution No. ___, Series of 2017 for the 2018 Budget Appropriation and Resolution No. ___, Series of 2017 for the appropriation of 2018 Previously Appropriated Capital.

The 2018 Recommended Budget includes the following summary of operating and non-operating revenue, and operating expenses, debt and reserves, capital expenditures, and fund balances. The attached Fiscal Year 2018 Recommended Budget and Fiscal Year 2018 Recommended Budget-Fund Balance (Exhibit I) provide the supporting detail for the Base System, FasTracks Project (Construction) and FasTracks Operations.

The 2018 Recommended Budget includes projected operating and non-operating revenue below (in thousands) which are estimated, not appropriated. The following amounts are summarized from relevant data in Exhibit I.

It is recommended by the Planning/Capital Programs & FasTracks Committee that the RTD Board of Directors authorize the General Manager to approve the 2018 Contract Amendment for Kumar and Associates and increase the contract Not-to-Exceed amount by $1,000,000. This will result in a new Not-to-Exceed contract amount of $6,000,000 for Construction Materials Testing and Inspection Services.

It is further recommended that the Contract end date be extended from December 31, 2018 until December 31, 2019 to complete work on the North Metro and SERE projects. Funds for the amendment are contained in the 2018 Recommended Budget for the specific projects for which Kumar’s services are utilized.

It is recommended by the Operations and Customer Service Committee that the Board of Directors authorize the General Manager, or his designee, to execute all documents necessary to enter into an Agreement with the City of Longmont to buy up fares on all four of the Longmont local fixed route services herein referenced as “the 300 series.” Specifically the 300 series are routes 323, 324, 326 and 327 and complementary Access-a-Ride services for a period of two years.

It is recommended by the Government Relations Committee that the RTD Board of Directors authorize the General Manager or his designee to enter into an agreement for Federal Liaison Services with Squire Patton Boggs LLP for a one-year option at a cost of $270,000 (January 1 through December 31, 2018). This action represents the fourth year of a five-year contract. Funding for this contract is included in the annual budget.

It is recommended by the General Manager Oversight and Performance Management Committee that the Board of Directors approve the General Manager’s performance appraisal for 2017 as defined in the attached completed General Manager’s Performance Evaluation Packet. The General Manager Oversight and Performance Management Committee is pleased to report they are in agreement with General Manager Genova’s self-assessments and feel he has achieved or exceeded his overall goals for the 2017 Performance Appraisal. Although it has been a challenging year, the General Manager Oversight and Performance Management Committee recognizes that General Manager Genova has met the “Exceeds Expectations” for all of the Core Goals and one of the Task Goals and “Achieved Expectations” for the remaining Task Goals set forth for performance in 2017. Based on the consistent and outstanding performance in leading the RTD and the overall compensation philosophy is to hire and maintain top talent in keeping with the industry compensation of transit leadership peers we feel General Manager Genova has earned a discretionary performance payment of $2,850.00. This is an increase of 1% over last year.

It is recommended by the Operations and Customer Services Committee that the Board of Directors authorize the General Manager, or his designee to approve an amendment to the Transportation Management & Design, Inc. (TMD) Contract 14DO009, awarded in March 2015, to exercise the two remaining one-year option periods thereby extending the Contract period of performance to December 31, 2019 and to increase the contract amount by $650,000 from $500,000 to a new Not to Exceed (NTE) total of $1,150,000.

It is recommended by the Operations & Customer Services Committee that free rides on RTD for active duty members of the United States Military should be extended from the presently approved date of December 31, 2017 to December 31, 2018. Utilization has been minimal to date and this extension will have minimal impact on RTD.